Bridging Enterprises & Startups for Transformative Solutions
APRIL 10, 2025 • SINGAPORE
Empowering Enterprises to Lead with Generative AI in Singapore
Program Overview
GenAI Open Innovation is a pioneering initiative designed to empower enterprises in Singapore to lead digital transformation through strategic collaborations with innovative Generative AI startups.
Built on the success of the inaugural program and insights from the ASEAN GenAI Startup Report, this initiative addresses the real needs and challenges faced by enterprises and startups in the region. Our data-driven approach ensures meaningful connections and impactful innovation, enabling participants to stay ahead in a rapidly evolving market.
Our program provides:
Connect
Enterprises are matched with targeted GenAI startups to solve real business challenges and capture new opportunities.
Accelerate
Drive GenAI adoption in enterprises through tailored solutions, Proof of Concepts (PoCs), and guided knowledge transfer.
Empower
Provide GenAI startups with direct access to enterprise stakeholders, fostering mutual growth and innovation.
Program Overview
GenAI Open Innovation is a pioneering initiative designed to empower enterprises in Singapore to lead digital transformation through strategic collaborations with innovative Generative AI startups.
Built on the success of the inaugural program and insights from the ASEAN GenAI Startup Report, this initiative addresses the real needs and challenges faced by enterprises and startups in the region. Our data-driven approach ensures meaningful connections and impactful innovation, enabling participants to stay ahead in a rapidly evolving market.v
Our program provides:
Connect
Enterprises are matched with targeted GenAI startups to solve real business challenges and capture new opportunities.
Accelerate
Drive GenAI adoption in enterprises through tailored solutions, Proof of Concepts (PoCs), and guided knowledge transfer.
Empower
Provide GenAI startups with direct access to enterprise stakeholders, fostering mutual growth and innovation.
Join us on April 10, 2025, in Singapore
Join us on April 10, 2025, in Singapore to co-create the future of business innovation, backed by actionable insights, a curated ecosystem of GenAI startups, and a deep understanding of the GenAI landscape.
Join us on April 10, 2025
in Singapore to co-create the future of business innovation, backed by actionable insights, a curated ecosystem of GenAI startups, and a deep understanding of the GenAI landscape.
Private equity industry
How might we implement AI to scan and analyze documents, flag potential risks and anomalies in financial transactions, and automate compliance reviews?
How might we automate financial report analysis over different periods to detect significant changes, extract relevant insights, and eliminate the need for manual review?
How might we build an AI-driven platform that extracts key data from financial reports, harmonizes business-specific KPIs, and enables peer benchmarking at scale?
How might we use GenAI to automate the preparation of reports, extract required information from meeting notes, and enable AI-driven data narratives?
Consumer banking industry
How might we leverage AI to transform our manual, inconsistent process into a real-time, multilingual news monitoring system for risk surveillance and lead generation—automating 80% of the workload and reducing analysis time per article from 30 minutes to just 1 minute?
How might we leverage AI to automate compliance monitoring by tracking regulatory changes, assessing their impact on existing policies, and flagging potential risks in real time—automating 70% of the process and reducing review time from several hours to under 10 minutes?
How might we leverage AI to bolster anti-money laundering compliance by automating customer watchlist verification and detecting potential financial crimes—automating 80% of checks and reducing review time from 30 minutes to under 5 minutes while enhancing accuracy?
Insurance industry
How might we leverage AI-driven health and wellness coaching to empower insurance clients in preventing and managing chronic conditions through personalized, scalable care pathways—reducing reliance on traditional treatment programs?
How might we use AI to deliver real-time insights and personalized recommendations that empower agents to offer tailored financial advice—improving accessibility and elevating the client experience in wealth management?
How might we harness AI to augment agents’ expertise with on-demand product knowledge and personalized recommendations—enhancing client interactions, boosting engagement, and fostering trust?
How might we use AI to build an intelligent platform that empowers users at all AI literacy levels to evaluate project ideas, refine problem statements with structured frameworks, and cluster similar ideas—improving submission quality and surfacing scalable opportunities at the company?
How might we utilize AI-driven insights to bridge expertise gaps in core insurance processes—empowering decision-makers with faster, informed claims handling and underwriting decisions?
Real estate industry
How might we leverage vision AI to automate the verification of property defect images—instantly validating homebuyer submissions, reducing manual inspections, and providing clear indications for invalid defects?
How might we harness AI to develop a GenAI-powered mortgage advisory tool that analyzes buyer profiles, delivers personalized recommendations from multiple banks, and offers financial guidance—eliminating manual inefficiencies?
How might we use AI-driven predictive modeling to analyze local market demographics, forecast property demand, and recommend optimal product offerings and pricing strategies—enhancing growth and maximizing sales potential?
Financial service industry
How might we harness GenAI to enable relationship managers at leading financial institutions to deliver highly personalized and timely product recommendations, streamline engagement, and deepen relationships with high-net-worth clients?
How might we use GenAI to automate UI/UX design tasks – such as wireframing, layout generation, and prototyping -so that designers can focus on high-value creative work?
Automotive industry
How might we implement GenAI to automate the retrieval of automotive data from websites, ensuring faster and more accurate market insights?
How might we leverage GenAI for volume forecasting of car sales across diverse markets, optimizing inventory management and strategic planning?
Private equity industry
How might we implement AI to scan and analyze documents, flag potential risks and anomalies in financial transactions, and automate compliance reviews?
How might we build an AI-driven platform that extracts key data from financial reports, harmonizes business-specific KPIs, and enables peer benchmarking at scale?
How might we automate financial report analysis over different periods to detect significant changes, extract relevant insights, and eliminate the need for manual review?
How might we use GenAI to automate the preparation of reports, extract required information from meeting notes, and enable AI-driven data narratives?
Consumer banking industry
How might we leverage AI to transform our manual, inconsistent process into a real-time, multilingual news monitoring system for risk surveillance and lead generation—automating 80% of the workload and reducing analysis time per article from 30 minutes to just 1 minute?
How might we leverage AI to automate compliance monitoring by tracking regulatory changes, assessing their impact on existing policies, and flagging potential risks in real time—automating 70% of the process and reducing review time from several hours to under 10 minutes?
How might we leverage AI to bolster anti-money laundering compliance by automating customer watchlist verification and detecting potential financial crimes—automating 80% of checks and reducing review time from 30 minutes to under 5 minutes while enhancing accuracy?
Insurance industry
How might we leverage AI-driven health and wellness coaching to empower insurance clients in preventing and managing chronic conditions through personalized, scalable care pathways—reducing reliance on traditional treatment programs?
How might we use AI to deliver real-time insights and personalized recommendations that empower agents to offer tailored financial advice—improving accessibility and elevating the client experience in wealth management?
How might we harness AI to augment agents’ expertise with on-demand product knowledge and personalized recommendations—enhancing client interactions, boosting engagement, and fostering trust?
How might we use AI to build an intelligent platform that empowers users at all AI literacy levels to evaluate project ideas, refine problem statements with structured frameworks, and cluster similar ideas—improving submission quality and surfacing scalable opportunities at the company?
How might we utilize AI-driven insights to bridge expertise gaps in core insurance processes—empowering decision-makers with faster, informed claims handling and underwriting decisions?
Real estate industry
How might we leverage vision AI to automate the verification of property defect images—instantly validating homebuyer submissions, reducing manual inspections, and providing clear indications for invalid defects?
How might we harness AI to develop a GenAI-powered mortgage advisory tool that analyzes buyer profiles, delivers personalized recommendations from multiple banks, and offers financial guidance—eliminating manual inefficiencies?
How might we use AI-driven predictive modeling to analyze local market demographics, forecast property demand, and recommend optimal product offerings and pricing strategies—enhancing growth and maximizing sales potential?
Financial service industry
How might we harness GenAI to enable relationship managers at leading financial institutions to deliver highly personalized and timely product recommendations, streamline engagement, and deepen relationships with high-net-worth clients?
How might we use GenAI to automate UI/UX design tasks – such as wireframing, layout generation, and prototyping – so that designers can focus on high-value creative work?
Automotive industry
How might we implement GenAI to automate the retrieval of automotive data from websites, ensuring faster and more accurate market insights?
How might we leverage GenAI for volume forecasting of car sales across diverse markets, optimizing inventory management and strategic planning?
Recap of GenAI Open Innovation 2024
Engaged 200+ executives from leading enterprises and startups across ASEAN
Initiated 8 Proof of Concepts (PoCs) focused on addressing enterprise needs.
Matched 20+ GenAI startups with 6 participating enterprises for PoC discussions.
Our 2024 Enterprise Participants
Recap of GenAI Open Innovation 2024
Engaged 200+ executives
from leading enterprises and startups across ASEAN.
Matched 20+ GenAI startups
with 6 participating enterprises for PoC discussions.
Initiated 8 Proof of Concepts (PoCs)
focused on addressing enterprise needs.
Our 2024 Enterprise Participants
Voices from the Program
Duong Nguyen Phuc, CIO, HD Bank (part of Sovico Group)
"The program provided a roadmap to integrate GenAI by enabling our team to adopt solutions that improve customer experience and engagement, and explore a new business opportunity."
Xavier Puspus, Director of AI, Globe
"With the tailored GenAI solutions presented, we identified relevant providers for the use cases that we have been researching for months."
Lê Ngọc Anh, CDO, Vietnam Petroleum Institute
"Through this initiative, we met strong founders with specialization in AI, data and analytics solutions that will help us accelerate our digital transformation journey in the Oil & Gas industry."
Joshua A. Kettlewell, CTO, Staple
"The initiative was highly successful in connecting GenAI solution providers to engaged enterprises with clear problem statements and decision-makers ready to drive implementation. It provided us with valuable connections in the Vietnamese market, enabling direct face-to-face conversations that unlocked opportunities for collaboration and built trust with enterprise leaders."
Dr. Winn Voravuthikunchai, CEO, Botnoi Group
"Participating in this initiative provided our company with significant opportunities to expand our capabilities, establish partnerships across diverse industries, and gain valuable insights into market needs. This project has strategically aligned with our marketing efforts, enabling us to grow through collaboration, reach our target audience effectively, and scale to an international level with the support of the GenAI Fund."
Voices from the Program
Duong Nguyen Phuc, CIO, HD Bank (part of Sovico Group)
"The program provided a roadmap to integrate GenAI by enabling our team to adopt solutions that improve customer experience and engagement, and explore a new business opportunity."
Xavier Puspus, Director of AI, Globe
"With the tailored GenAI solutions presented, we identified relevant providers for the use cases that we have been researching for months."
Lê Ngọc Anh,
CDO, Vietnam Petroleum Institute
"Through this initiative, we met strong founders with specialization in AI, data and analytics solutions that will help us accelerate our digital transformation journey in the Oil & Gas industry."
Joshua A. Kettlewell, CTO, Staple
"The initiative was highly successful in connecting GenAI solution providers to engaged enterprises with clear problem statements and decision-makers ready to drive implementation. It provided us with valuable connections in the Vietnamese market, enabling direct face-to-face conversations that unlocked opportunities for collaboration and built trust with enterprise leaders."
Dr. Winn Voravuthikunchai,
CEO, Botnoi Group
"Participating in this initiative provided our company with significant opportunities to expand our capabilities, establish partnerships across diverse industries, and gain valuable insights into market needs. This project has strategically aligned with our marketing efforts, enabling us to grow through collaboration, reach our target audience effectively, and scale to an international level with the support of the GenAI Fund."
Program Structure
Phase 1
Enterprise Engagement & Use Case Development
(Now - February 2025)
- GenAI Fund collaborates with select enterprises in tailored workshops to identify specific Generative AI use cases aligned with their strategic goals.
- GenAI Fund collaborates with select enterprises in tailored workshops to identify specific Generative AI use cases aligned with their strategic goals.
Phase 2
Startup Sourcing & Evaluation
Mid-February 2025
- Startups are sourced through GenAI Fund’s curated database of 1,000+ startups and dedicated marketing outreach to our network, focusing on innovative solutions for identified use cases.
- Rigorous evaluation processes shortlist high-potential startups with proven scalability and readiness to develop tailored Proof of Concepts (PoCs).
Phase 3
Matching Event, Open-Sharing & PoC Initiation
April 10, 2025 | Location: Singapore
- A curated 1:1 matching event connects enterprises with selected startups to explore collaboration opportunities.
- Open-sharing and networking sessions foster a collaborative environment, bringing together executives and innovators to exchange ideas.
- PoC projects are initiated, paving the way for scalable solutions and long-term partnerships.
- Successful collaborations may be highlighted through GenAI Fund’s published case studies, showcasing thought leadership and driving innovation across the ecosystem.
Program Structure
Tap into GenAI Fund’s GenAI Startup Ecosystem
Gain unparalleled access to GenAI Fund’s curated and ever-expanding database of over 1,000 vetted GenAI startups across ASEAN. Our dynamic ecosystem connects you with innovative startups tailored to meet your enterprise’s unique challenges and objectives. With continuous updates and additions, we ensure you stay at the forefront of Generative AI advancements, giving you access to cutting-edge solutions and breakthrough technologies that drive impactful outcomes.
Tap into GenAI Fund’s GenAI Startup Ecosystem
Gain unparalleled access to GenAI Fund’s curated and ever-expanding database of over 1,000 vetted GenAI startups across ASEAN. Our dynamic ecosystem connects you with innovative startups tailored to meet your enterprise’s unique challenges and objectives. With continuous updates and additions, we ensure you stay at the forefront of Generative AI advancements, giving you access to cutting-edge solutions and breakthrough technologies that drive impactful outcomes.
Key Benefits for Enterprises
Actionable Insights
Learn practical applications of Generative AI to address your business challenges, empowering your organization with solutions that deliver real impact.
Efficient Procurement
Streamline your procurement process by matching with curated GenAI startups offering tailored solutions, ensuring alignment with your enterprise's specific needs.
Enhanced Resources
Receive expert guidance in developing Proof of Concept (PoC) projects, with the potential to independently explore commercialization opportunities.
Brand Leadership
Position your organization as an innovator in the GenAI space, gaining visibility and recognition as a leader in adopting cutting-edge AI technologies.
Key Benefits
for Enterprises
Actionable Insights
Learn practical applications of Generative AI to address your business challenges, empowering your organization with solutions that deliver real impact.
Enhanced Resources
Receive expert guidance in developing Proof of Concept (PoC) projects, with the potential to independently explore commercialization opportunities.
Efficient Procurement
Streamline your procurement process by matching with curated GenAI startups offering tailored solutions, ensuring alignment with your enterprise's specific needs.
Brand Leadership
Position your organization as an innovator in the GenAI space, gaining visibility and recognition as a leader in adopting cutting-edge AI technologies.
Why Choose GenAI Open Innovation
Curated GenAI Startup Ecosystem
For enterprises, access a highly curated and expanding database of 1,000+ pre-vetted GenAI startups tailored to address your specific challenges. For startups, connect with leading enterprises actively seeking innovative GenAI solutions, creating opportunities for meaningful collaborations.
Comprehensive Guidance
From initial matching to Proof of Concept (PoC) implementation, receive end-to-end support. Enterprises are guided through seamless integration of GenAI solutions, while startups are equipped to adapt their products to meet enterprise expectations and deliver impactful results.
Specialized Expertise
Benefit from a support network of experts with deep knowledge of both GenAI technologies and enterprise needs. Enterprises gain actionable insights into cutting-edge GenAI capabilities, while startups receive guidance to align their solutions with enterprise requirements effectively.
Strategic Growth Opportunities
Unlock potential for investment and partnerships. GenAI Fund may invest or co-invest with enterprises in promising startups, or facilitate mergers and acquisitions (M&A) for those demonstrating success. This program opens doors to financial growth and strategic partnerships, ensuring long-term value beyond the initial collaboration.
Why Choose
GenAI Open Innovation
Curated GenAI Startup Ecosystem
For enterprises, access a highly curated and expanding database of 1,000+ pre-vetted GenAI startups tailored to address your specific challenges. For startups, connect with leading enterprises actively seeking innovative GenAI solutions, creating opportunities for meaningful collaborations.
Specialized Expertise
Benefit from a support network of experts with deep knowledge of both GenAI technologies and enterprise needs. Enterprises gain actionable insights into cutting-edge GenAI capabilities, while startups receive guidance to align their solutions with enterprise requirements effectively.
Comprehensive Guidance
From initial matching to Proof of Concept (PoC) implementation, receive end-to-end support. Enterprises are guided through seamless integration of GenAI solutions, while startups are equipped to adapt their products to meet enterprise expectations and deliver impactful results.
